gifts of cash

Gifts of cash allow you to maximize your charitable deduction and deliver immediate benefits to the West Side Ecumenical Ministry. Cash to WSEM is the simplest donation and provides immediate benefits to you and the organization. Your gift can be made outright or can fund a number of WSEM's life income arrangements. Gifts of cash can include currency, personal checks, money orders, credit cards and wire transfers.

Benefits of using cash to fund a charitable gift

• You are entitled to a charitable income tax deduction.
• The deduction counts against a larger portion of your taxable income than a gift of appreciated assets because the IRS allows you to claim charitable deductions for gifts of cash up to 50 percent of your adjusted gross income but only 30 percent for gifts of appreciated assets.

Contact Us
The Vice President of Advancement is available to discuss the best way for you to make a gift of cash or to use a gift of cash to fund a life income arrangement. For further information, please contact the Advancement Department at (216) 651-2037.